About Bhavik Enterprises Limited
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Bhavik Enterprises Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 15 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2008PLC186771. Its GSTIN is 27AADCB5606P1ZD (Maharashtra). The company holds 7 GST registrations, of which 4 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 544551.
The company has an authorised share capital of ₹115 Cr and a paid-up capital of ₹20.36 Cr. It is led by directors including Bhavik Mukesh Thakkar (Managing Director) and Mukesh Natverlal Thakkar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1105 11th Floor Dlh Park, Mumbai, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹628.44 Cr, a growth of 19.2% compared to the previous year. For the same year it recorded a net profit of ₹13.58 Cr (net margin 2.2%) and EBITDA of ₹16.97 Cr (EBITDA margin 2.7%). The net worth stands at ₹165.75 Cr (up 69.6% YoY). Total assets are valued at ₹166.03 Cr (up 69.5% YoY).
The company is associated with 1 brand: Bhavik Enterprises Ltd. As per MCA filings, the company has satisfied charges of ₹32.89 Cr on record. The company has 3 deals on record (1 funding round, 1 secondary share transfer, 1 ipo), with disclosed funding of ₹5.19 Cr; the latest was in October 2025. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Rajkamal Industrial Private Limited with revenue of ₹534.64 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhavikenterprises.com.
Company details
Contact details
Bhavik Enterprises Limited's registered office is in Mumbai, Maharashtra. Its website is bhavikenterprises.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 1105 11th Floor Dlh Park, S V Road Goregaon West, Mumbai, Maharashtra, India – 400064
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Bhavik Enterprises Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Bhavik Enterprises operates one associated brand: Bhavik Enterprises Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distribution of petrochemical polymers in India. | bhavikenterprises.com |
Business activity
The main business activity of Bhavik Enterprises is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Bhavik Enterprises Limited, buy the company report.
Financials of Bhavik Enterprises Limited
FY 2025-26 filings availableBhavik Enterprises Limited reported revenue of ₹628.44 Cr (up 19.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 628 | 527 | 494 | 562 | 325 | 292 | 283 |
| Revenue growth | +19.2% | +6.7% | -12.0% | +73.0% | +11.1% | +3.2% | - |
| EBITDA | 16.97 | 3.92 | 4.81 | 17.45 | 5.56 | 12.07 | 5.28 |
| EBITDA margin | +2.7% | +0.7% | +1.0% | +3.1% | +1.7% | +4.1% | +1.9% |
| Profit before tax | 18.46 | 7.67 | 10.64 | 20.88 | 9.10 | 16.93 | 6.63 |
| Net profit | 13.58 | 5.68 | 7.87 | 15.37 | 6.69 | 12.29 | 4.74 |
| Net profit margin | +2.2% | +1.1% | +1.6% | +2.7% | +2.1% | +4.2% | +1.7% |
| EPS (₹) | 6.66 | 3.58 | 14.93 | 29.10 | 12.67 | 23.26 | 9.01 |
| Balance sheet | |||||||
| Total assets | 166 | 97.93 | 92.51 | 84.21 | 68.84 | 62.14 | 49.85 |
| Net worth | 166 | 97.72 | 92.34 | 84.22 | 68.84 | 62.14 | 49.85 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 97.77 | 26.60 | 61.10 | 61.73 | 49.35 | 47.33 | 19.80 |
| Net working capital | 153 | 86.17 | 84.06 | 70.43 | 54.21 | 52.97 | 41.84 |
| Cash flow | |||||||
| Cash from operations | 15.40 | (32.96) | (2.77) | 13.86 | 0.51 | 26.31 | 4.92 |
| Cash from investing | 1.31 | (1.53) | 2.66 | (1.46) | 1.51 | 1.23 | 1.17 |
| Cash from financing | 54.45 | 0.00 | (0.03) | (0.01) | 0.00 | (0.01) | (0.03) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 628 | 527 | 494 | 562 | 325 | 292 | 283 |
| Revenue growth | +19.2% | +6.7% | -12.0% | +73.0% | +11.1% | +3.2% | - |
| Other income | 2.01 | 4.19 | 6.22 | 3.84 | 3.76 | 5.15 | 1.75 |
| Total expenses | 611 | 523 | 489 | 544 | 319 | 280 | 278 |
| Employee cost | 1.14 | 0.87 | 0.73 | 0.62 | 0.61 | 0.71 | 0.63 |
| EBITDA | 16.97 | 3.92 | 4.81 | 17.45 | 5.56 | 12.07 | 5.28 |
| EBITDA margin | +2.7% | +0.7% | +1.0% | +3.1% | +1.7% | +4.1% | +1.9% |
| Depreciation | 0.15 | 0.20 | 0.20 | 0.07 | 0.10 | 0.12 | 0.08 |
| Interest | 0.37 | 0.24 | 0.19 | 0.34 | 0.12 | 0.17 | 0.32 |
| Profit before tax | 18.46 | 7.67 | 10.64 | 20.88 | 9.10 | 16.93 | 6.63 |
| Tax | 4.88 | 2.00 | 2.77 | 5.50 | 2.41 | 4.63 | 1.88 |
| Net profit | 13.58 | 5.68 | 7.87 | 15.37 | 6.69 | 12.29 | 4.74 |
| Net profit margin | +2.2% | +1.1% | +1.6% | +2.7% | +2.1% | +4.2% | +1.7% |
| EPS (₹) | 6.66 | 3.58 | 14.93 | 29.10 | 12.67 | 23.26 | 9.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 20.36 | 15.86 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 |
| Reserves & surplus | 145 | 81.86 | 87.05 | 78.93 | 63.55 | 56.85 | 44.56 |
| Shareholders' funds (net worth) | 166 | 97.72 | 92.34 | 84.22 | 68.84 | 62.14 | 49.85 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 166 | 97.93 | 92.51 | 84.21 | 68.84 | 62.14 | 49.85 |
| Assets | |||||||
| Gross block | 3.03 | 2.96 | 2.95 | 2.94 | 2.85 | 2.84 | 2.68 |
| Net block | 1.07 | 1.15 | 1.35 | 1.54 | 1.22 | 1.31 | 1.28 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 7.95 | 0.00 | 0.01 | 3.27 | 0.03 | 0.03 | 0.03 |
| Inventories | 61.42 | 66.92 | 27.99 | 44.49 | 25.86 | 28.40 | 22.51 |
| Sundry debtors | 53.89 | 60.17 | 34.66 | 40.78 | 36.44 | 28.89 | 33.65 |
| Cash & bank balances | 97.77 | 26.60 | 61.10 | 61.73 | 49.35 | 47.33 | 19.80 |
| Loans & advances | 7.41 | 7.57 | 4.30 | 0.00 | 0.00 | 0.00 | 1.29 |
| Total current assets | 220 | 161 | 128 | 147 | 112 | 105 | 77.25 |
| Total current liabilities | 67.95 | 75.09 | 43.99 | 76.57 | 57.44 | 51.65 | 35.41 |
| Net working capital | 153 | 86.17 | 84.06 | 70.43 | 54.21 | 52.97 | 41.84 |
| Total assets | 166 | 97.93 | 92.51 | 84.21 | 68.84 | 62.14 | 49.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 26.60 | 61.10 | 61.23 | 49.35 | 47.33 | 19.80 | 13.73 |
| Net cash from operating activities | 15.40 | (32.96) | (2.77) | 13.86 | 0.51 | 26.31 | 4.92 |
| Net cash from investing activities | 1.31 | (1.53) | 2.66 | (1.46) | 1.51 | 1.23 | 1.17 |
| Net cash from financing activities | 54.45 | 0.00 | (0.03) | (0.01) | 0.00 | (0.01) | (0.03) |
| Net change in cash | 71.17 | (34.50) | (0.14) | 12.39 | 2.02 | 27.53 | 6.07 |
| Closing cash | 97.77 | 26.60 | 61.10 | 61.73 | 49.35 | 47.33 | 19.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +19.2% | +6.7% | -12.0% | +73.0% | +11.1% | +3.2% | - |
| EBITDA growth | +332.9% | -18.5% | -72.4% | +213.9% | -53.9% | +128.6% | - |
| PBT growth | +140.7% | -27.9% | -49.0% | +129.5% | -46.3% | +155.4% | +9997.0% |
| Net income growth | +139.1% | -27.8% | -48.8% | +129.8% | -45.6% | +159.3% | - |
| Revenue CAGR (3Y) | +3.8% | +17.6% | +19.1% | +25.7% | - | - | - |
| EBITDA CAGR (3Y) | -0.9% | -11.0% | -26.4% | +49.0% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +2.2% | +1.1% | +1.6% | +2.7% | +2.1% | +4.2% | +1.7% |
| Return on capital employed | +14.3% | +8.3% | +12.3% | +27.7% | +14.1% | +30.5% | +14.0% |
| Return on net worth | +10.3% | +6.0% | +8.9% | +20.1% | +10.2% | +22.0% | +9.6% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 2.20 | 6.45 | 4.12 | 1.96 | 2.20 | 1.42 | 6.15 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 209.83 | 178.43 | 167.78 | 193.99 | 114.10 | 105.89 | 105.62 |
| Inventory turnover | 9.79 | 11.11 | 13.63 | 15.97 | 11.96 | 11.48 | 12.58 |
| Debtors turnover | 11.02 | 11.12 | 13.10 | 14.55 | 9.94 | 9.35 | 8.41 |
| EPS (₹) | 6.66 | 3.58 | 14.93 | 29.10 | 12.67 | 23.26 | 9.01 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 81.41 | 61.62 | 174.68 | 159.32 | 130.22 | 117.56 | 94.30 |
To see the full year-wise statements and ratios of Bhavik Enterprises Limited, buy the company report.
Board of directors of Bhavik Enterprises Limited
Bhavik Enterprises has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Natverlal Thakkar Also directs: Griffon Securities Private Limited | Whole-Time Director | 15 Sep 2008 | 18 Years 1 Months | Current |
| Purnima Mukesh Thakkar | Director | 15 Sep 2008 | 18 Years 1 Months | Current |
| Bhavik Mukesh Thakkar Also directs: Griffon Securities Private Limited | Managing Director | 15 Sep 2008 | 18 Years 1 Months | Current |
| Jeny Vinod Kumar Gowadia Also directs: Balashri Commercial Limited, Indianivesh Capitals Limited, Responsive Industries Limited and 3 more | Director | 18 Jun 2021 | 5 Years 4 Months | Current |
| Manishkumar Anjanikumar Dhanuka Also directs: Aanya Ace LLP, Ema Partners Executive Search Private Limited | Director | 29 Oct 2024 | 2 Years 0 Months | Current |
| Jayesh Jaysinh Kapadia | Director | 25 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Bhavik Enterprises Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhavik Enterprises Limitedthis company | ₹628.44 Cr (FY 2026) | ₹13.58 Cr | 2.2% | 19.2% | Mumbai, Maharashtra, India | |
| Rajkamal Industrial Private Limited | ₹534.64 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| 5G Mobility Private Limited | ₹534.56 Cr (FY 2025) | 185.0% | Gujarat, India | |||
| Tasl Automobile Solutions Private Limited | ₹534.46 Cr (FY 2024) | 13.0% | Madurai, Tamil Nadu, India | |||
| Moi Commodities India Private Limited | ₹533.71 Cr (FY 2025) | 6.0% | Delhi, India | |||
| Shreejee Structural Steel Private Limited | ₹532.56 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Kadam and Kadam Jewelers Private Limited | ₹530.97 Cr (FY 2019) | 22.0% | Mumbai, Maharashtra, India | |||
| Berg and Schmidt (India) Private Limited | ₹530.56 Cr (FY 2025) | 47.0% | Pune, Maharashtra, India | |||
| THPL Wholesalers & Consolidators Private Limited | ₹529.86 Cr (FY 2017) | 62.0% | Mumbai, Maharashtra, India | |||
| Coronation Finvest Pvt Ltd | ₹529.31 Cr (FY 2025) | -14.0% | Indore, Madhya Pradesh, India | |||
| Pharmed Limited | ₹528.59 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Bhavik Enterprises Limited, buy the company report.
Auditor
Bhavik Enterprises Limited is audited by PAYAL GADA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAYAL GADA & CO. | FY 2023 | 148529W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 73.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 27.00%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 73.00% | 73.00% | 73.00% | 73.00% |
| Public | 27.00% | 27.00% | 27.00% | 27.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2018 | 100202807 | Dena Bank | ₹19.39 Cr | Satisfied | |
| 26 Nov 2009 | 10193352 | Dena Bank | ₹13.5 Cr | Satisfied |
To see the full charge records of Bhavik Enterprises Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Bhavik Enterprises Limited has 3 deals on record (1 funding round, 1 secondary share transfer, 1 ipo), with disclosed funding of ₹5.19 Cr; the latest was in October 2025.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | IPO | ₹77 Cr | Investors: IPO Shareholders - Bhavik Enterprises Limited Seller: 3 individuals |
| Jan 2025 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2009 | Funding round | ₹5.19 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Bhavik Enterprises Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhavik Enterprises Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhavik Enterprises has 7 GST registrations: 4 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCB5606P1ZD | Maharashtra | Active | 01 Jul 2017 |
| 27AADCB5606P2ZC | Maharashtra | Active | 08 Mar 2021 |
| 24AADCB5606P1ZJ | Gujarat | Active | 01 Jul 2017 |
| 26AADCB5606P3ZD | Daman & Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Bhavik Enterprises Limited, buy the company report.
Recent activity
Bhavik Enterprises Limited has 7 board changes on record since 2008: 7 appointments. The latest: Anish Ramanlal Shah was appointed as CFO on 15 Feb 2025.
3 earlier events are in the company report.
Frequently asked questions
Bhavik Enterprises is an active public limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 15 September 2008 (18+ years old) and is registered under CIN U51900MH2008PLC186771. Listed on BSE: 544551.
Bhavik Enterprises reported revenue of ₹628.44 Cr for FY 2025-26 (up 19.2% YoY) based on standalone financials.
Bhavik Enterprises has 6 current directors:
- Bhavik Mukesh Thakkar - Managing Director
- Mukesh Natverlal Thakkar - Whole-Time Director
- Purnima Mukesh Thakkar - Director
- Jeny Vinod Kumar Gowadia - Director
- Manishkumar Anjanikumar Dhanuka - Director
- Jayesh Jaysinh Kapadia - Director
The latest financial statements of Bhavik Enterprises on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhavik Enterprises is 27AADCB5606P1ZD, registered in Maharashtra. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 27AADCB5606P2ZC (Maharashtra), 24AADCB5606P1ZJ (Gujarat), 26AADCB5606P3ZD (Daman & Diu).
The CIN (Corporate Identification Number) of Bhavik Enterprises is U51900MH2008PLC186771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Bhavik Enterprises is a listed company as per MCA records. Its shares are listed on BSE (code: 544551).
Bhavik Enterprises was incorporated on 15 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Bhavik Enterprises has 3 deals on record (1 funding round, 1 secondary share transfer, 1 ipo), with disclosed funding of ₹5.19 Cr; the latest was in October 2025.
The peers of Bhavik Enterprises by revenue are Rajkamal Industrial Private Limited, 5G Mobility Private Limited, Tasl Automobile Solutions Private Limited, Moi Commodities India Private Limited, Shreejee Structural Steel Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Anish Ramanlal Shah was appointed as CFO on 15 Feb 2025. Manishkumar Anjanikumar Dhanuka was appointed as Director on 29 Oct 2024. Jayesh Jaysinh Kapadia was appointed as Director on 25 Oct 2024. Bhavik Enterprises has 7 board changes on record in total.